Todd Ackman

Connect with Todd Ackman

I have great appreciation, admiration, and gratitude for the excellent work that my RM Partner, Todd Ackman did for our company as our fractional CFO. We had some changes in Q3 and therefore had some complex financial operations that needed to be handled. Todd calmly prioritized critical tasks and through this succeeded in ensuring that there were zero interruptions to our business despite having no prior knowledge of our finances or operations and despite the fact that these had never been rigorously documented. Throughout his time working with us, Todd has been calm, professional, and above all, exceedingly competent. I was very quickly able to trust him to handle complex and business-critical matters during this period for our company.

Kasper Kubica, Co-Founder & COO

Carpe

The entire population of Personify and I have sincerely enjoyed working with Todd Ackman.  He has been instrumental in transforming our Finance Department to not only control costs but to also add strategic capability for better decision-making at the C-Suite level.  His professionalism, knowledge, experience, and vast connections have proven invaluable, and what we thought would be a position to help us for a few months has turned into a lifelong partnership. The entire organization enjoys working with Todd, and our CEO referred to the Finance Department as the “coolest Finance Team” he’s ever encountered.  Not only is Todd strategic and knowledgeable, but he is fun, down to earth, and engaging as he navigates his work with professionalism. We couldn’t have made a better decision than hiring Todd as our fractional CFO.

Elaine Carfley, Head of Operations and Business Intelligence

Personify

As a dedicated finance and operational professional with over 30 years of experience, Todd Ackman has worked with a broad variety of companies ranging from VC backed companies to publicly held companies and has been responsible for finance, legal, fundraising documents, HR, facilities and business-related relationships.

Mr. Ackman has significant experience in all aspects of business including accounting, finance, equity / debt funding, due diligence, treasury and cash management, HR, legal affairs and negotiation, operations, business administration and corporate strategy. He has worked in technology, software and hardware, professional services and health devices.

Todd currently works with:

  • Grand Entrance Group, a landscape design, installation and management company
  • Raleigh Medical Group, an internal medicine health care group
  • Spectrum Partners, a compensation management software provider that currently operates in 5 different state’s workers’ compensation bureaus

Prior to joining Rankin McKenzie, Mr. Ackman spent a year performing financial consulting services for a large manufacturer and start-ups.  Prior to that, he has been responsible for the overall financial management of companies including accounting operations, financial reporting, treasury and cash management, budgeting and forecasting, investor relations, banking relations and insurance relations functions.

Mr. Ackman attended Bradley University in Illinois, where he earned a Bachelor of Science in Accounting. He is also a member of the Florida Institute of Certified Public Accountants.

Career Timeline

  • Joined Rankin McKenzie as a Partner in 2020.
  • From 2019 to 2020, performed financial consulting services helping companies prepare for an audit and setting-up and straightening out the financials.
  • From 2011 to 2019, served as VP of Finance for Valencell, Inc. where he was responsible for all finance, accounting, legal, HR, facilities and BOD / investor financial relationships. He was heavily involved in raising 6 rounds of funding including due diligence process and legal drafting.  He was also involved with litigation attorneys and funding sources for patent lawsuits and the PTAB/IPR process.
  • During 2011 he was responsible for the post-acquisition integration of finance and HR in to Cisco Systems, Inc.
  • From 2006 to 2011, served as VP of Finance for Inlet Technologies, Inc. where he was responsible for all finance, accounting, legal, HR, facilities, BOD / investor financial relationships and building the accounting processes, procedures and accounting team. Set-up and managed HR and financial relationships for UK, German and Singapore branches.  Inlet was acquired by Cisco Systems and he was heavily involved in the acquisition due diligence and attorney relationships.
  • From 1999 to 2006, served as Director of IT and Purchasing for Quintiles, Inc. He was responsible for managing the financial reporting of the Global IT infrastructure including the North America IT Infrastructure’s financial control, month-end reporting and analysis including asset management.  He also analyzed financial aspects related to restructuring and on-going businesses.  He developed policies and procedures to strengthen accountability and internal controls resulting in annual savings of $15M.
  • From 1983 to 1999, Mr. Ackman started his career as an auditor with a public accounting firm and worked in various company industries such as manufacturing, factoring accounts receivable, pharmacy medication provider, securities broker/dealer and processing FEMA/FHWA disaster claims.

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